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Financial Framework (Supplementary Powers) Act 1997
2ASimplified outline of this Act
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#### 2A Simplified outline of this Act
This Act confers on the Commonwealth, in certain circumstances, powers:
(a) to make arrangements under which relevant money and other CRF money can be spent, or to make grants of financial assistance; and
(b) to form, or otherwise be involved in, companies.
The arrangements, grants, programs and companies (or classes of arrangements or grants) in relation to which these powers are conferred are specified in the regulations.